Tuesday, February 17, 2009

BUSINESS NEWS - Stocks poised to plunge - CNN Money

NEW YORK (CNNMoney.com) -- Stocks are poised to open significantly lower on Tuesday, as investors worry that the new stimulus plan - expected to be signed into law later in the day - won't help breathe new life into the economy. At 5:25 a.m. ET, the in Dow Jones News >

Asian stock markets have fallen sharply, with benchmarks in Hong Kong and South Korea down almost 4 percent, as renewed financial fears sent banks across the region tumbling. Japan's Nikkei 225 stock average sank 1.4 percent to 7,645.51 on Tuesday in Dow Jones News >